How to Find a Profitable Niche in Affiliate Marketing

“I can sit there all day on my couch while I watch the affiliate revenue pour in!”

It’s every marketer’s dream:

Make money while you sleep like Bill Gates.

Who wouldn’t want to do that?

Many marketers who get into affiliate marketing are hoping to make easy income without actually owning and operating the business that sells the product.

It seems incredible, right? You can just mention a few products and provide affiliate links.

Next, you simply use your current inbound tactics to drive more visitors and sales.

But the truth is that it’s not easy.

Most affiliate programs don’t produce enough profit for a marketer to sit back and relax.

And most CMOs feel that affiliate marketing is one of their least-mastered skills.

On top of that, fewer than 10% of affiliates drive 90% of total conversions and sales.

This means that there are only a select few in the affiliate industry who produce the majority of the profits.

So making a living on affiliate marketing is tough.

Thankfully, there are still niche-affiliate industries out there that you can tap into for unparalleled success.

I’ve found a few of them myself. And I’m going to teach you how to do the same.

Here’s a little bit about what affiliate marketing is and how you can find a profitable niche.

What is affiliate marketing?

One of my favorite definitions of affiliate marketing is by Pat Flynn. Here’s how he describes it:

“Affiliate marketing is the process of earning a commission by promoting other people’s (or companies’) products. You find a product you like, promote it to others, and earn a piece of the profit for each sale that you make.”

But when we break it down into simpler terms, it usually just focuses on the product’s creator or seller and the affiliate marketer.

Generally, you can think of affiliate marketing as the idea of a company selling products or services and then seeking out others to help sell those products or services in exchange for profit-sharing.

Here’s an example:

A company puts their products on Amazon. Amazon wants to sell more of those products. So they ask people (like you and me) to advertise them on our sites and drive sales.

In exchange for advertising those products, you get a certain amount of the sale. You take a commission.

That’s still kind of confusing.

So let’s break it down even further into a few sections that will help you better understand how affiliate marketing works.

First, you have the merchant.

The merchant can take multiple different forms. The merchant could be the product creator, seller, or brand.

What strategies have you used to be a profitable niche in affiliate marketing?

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About Neil Patel

He is the co-founder of NP Digital and Subscribers. The Wall Street Journal calls him a top influencer on the web, Forbes says he is one of the top 10 marketers, and Entrepreneur Magazine says he created one of the 100 most brilliant companies. Neil is a New York Times bestselling author and was recognized as a top 100 entrepreneur under the age of 30 by President Obama and a top 100 entrepreneur under the age of 35 by the United Nations.